SEC Form 4 · accession 0000315858-16-000133
BBX Capital Corp · BBX/BBXTB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Darwin C Dornbush
Director
Period of report
Dec 15, 2016
Accepted (ET)
Dec 19, 2016 · 3:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000315858
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, par value $0.01 per shareF1,F2 | Dec 15, 2016 | A | 32,400 | $0.00 | A | 82,487 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes 32,400 shares of the issuer's Class A Common Stock received in exchange for 6,000 shares of BBX Capital Corporation's Class A Common Stock in connection with the merger of BBX Capital with and into a wholly owned subsidiary of the issuer (the "Merger").
- F2On December 15, 2016, the effective date of the Merger, the closing price of the issuer's Class A Common Stock, as quoted on the OTCQB, was $3.95 per share, and the closing price of BBX Capital's Class A Common Stock, as quoted on the New York Stock Exchange, was $20.05 per share.